Purchasing random item volumes from a range of vendors, with no control over supplier take-on or pricing, results in the loss of millions of dollars for businesses each year. With no visibility or accurate reporting capabilities for quantities or line items, you’re ill-equipped to negotiate lower prices for your business. Widespread office locations and disparate suppliers further complicate purchasing and reduce your savings potential. Having no controls or purchasing processes in place can significantly impact your bottom line.
Now you can streamline procurement processes, simplify repeat purchases and fixed ordering from approved suppliers. Analyze spend with your suppliers and negotiate early settlement rates and bulk discounts.
Fraxion Catalog makes it easy to achieve sustainable savings
Manage supplier take-on and channel all spend to suppliers that offer the best value
Set up and maintain approved supplier catalogs with ease
Administrators upload product images from existing supplier catalogs - users enjoy a simple online shopping experience
Shop and review product details and variations with ease
Set up carts or price lists by project, event, department or any category that works for you
Carts can be used as templates - include master product lists for repeat purchases with the option to adjust items and quantities as required
Limit once-off purchases that diminish volume discounts
All requests are routed for review and authorization prior to purchase order approval, taking the risk out of your purchasing processes
Catalog purchasing enables granular reporting functionality – leverage your data to negotiate lower prices
Save time and procure smarter
“We were able to start with the system with only 10 users and it has easily scaled with us to almost 400. It’s allowed us to save at least 4-5 jobs in purchasing.”
Brad P, Materials Manager
Biofire Diagnostics
“Very intuitive interface. Most users were able to pick up how to use it with minimal training. Previously, in MS Dynamics SL the interface was so difficult people simply stopped submitting purchase order requests. With Fraxion, we have nearly 100% compliance."
Jared C, IT DirectorR
The Production Network
“Fraxion has streamlined our purchasing and procurement process tremendously. And it definitely has alleviated the need for our buyer to do so much manual work. We have better accountability of tracking approvals.”
Anthony P, Controller
Mesa Water District
“Fraxion is really easy to use. It’s kind of like when somebody picks up an iPhone. They can start using immediately, it’s so intuitive. We definitely get a good return on investment.”
Jason S, Associate Director, Operations
aTyr Pharma